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delaware lawmakers propose corporate law overhaul amid concerns from businesses
Delaware lawmakers are considering a bill to reform corporate law in response to growing dissatisfaction from public companies and legal experts regarding clarity and fairness in the state's regulations. Governor Matt Meyer supports the legislation, which aims to enhance statutory definitions and streamline corporate decision-making, amid concerns of a potential exodus of companies to states like Texas and Nevada. Prominent law firms have expressed their backing, emphasizing the need for improved corporate governance in Delaware.
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